Illinois General Assembly - Bill Status for HB3266
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 Bill Status of HB3266  103rd General Assembly

Short Description:  PEN CD-TIER 2 STATE POLICE

House Sponsors
Rep. Jay Hoffman

Last Action
DateChamber Action
  2/17/2023HouseReferred to Rules Committee

Statutes Amended In Order of Appearance
40 ILCS 5/1-160
40 ILCS 5/14-152.1

Synopsis As Introduced
Amends the General Provisions and State Employee Articles of the Illinois Pension Code. Provides that for a Tier 2 State policeman for all purposes under the Code, including, without limitation, the calculation of benefits and employee contributions, the annual earnings, salary, or wages based on the plan year of a State policeman shall not exceed the amount determined by the Social Security Administration to be the Old-Age, Survivors and Disability Insurance Contribution and Benefit Base (instead of $106,800, as annually adjusted). Provides that any benefit increase that results from the amendatory Act is excluded from the definition of "new benefit increase". Effective immediately.

DateChamber Action
  2/17/2023HouseFiled with the Clerk by Rep. Jay Hoffman
  2/17/2023HouseFirst Reading
  2/17/2023HouseReferred to Rules Committee

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